Alaska’s Revenue from Marijuana Taxes Continue to Rise

March tax revenue totals have been reported by Alaska. More than $200,000 was collected in March. In Anchorage, city officials have noted that its collection in March totaled $57,000. Currently there are nine marijuana businesses paying taxes to Anchorage.

The marijuana sales tax in Anchorage is 5-percent, according to ADN.com. Steady increases have been noticed as revenues in Anchorage have increased by at least $15,000 each month. In January, $22,000 in tax revenue was collected and February’s payments totaled $37,000.

An excise tax of $50 per ounce of dry flower and $15 per ounce for other parts of marijuana plants are paid by growers.